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CoreWeave (CRWV) Gets Hammered by ISS Thumb Down of CORZ Merger
Yahoo Finance· 2025-10-21 16:54
Group 1 - CoreWeave, Inc. (NASDAQ:CRWV) experienced a significant decline of 7.17% on Monday, closing at $127.06, following a recommendation from Institutional Shareholder Services (ISS) to reject its proposed merger with Core Scientific Inc. [1][4] - The Board of Directors of Core Scientific stated that the merger represents the best available alternative for shareholders, despite the ISS's opposing stance [2][4]. - Two Seas Capital, a shareholder in both Core Scientific and CoreWeave, expressed concerns that the merger exposes Core Scientific shareholders to the volatility of CoreWeave's share price without adequate protections [3][4]. Group 2 - The opposition from ISS has created uncertainties regarding the future of the merger, which may influence institutional investors who depend on proxy advisory services for voting decisions [4]. - While there is potential for CoreWeave as an investment, there is a belief that other AI stocks may offer better returns with lower risk [5].
Opendoor Technologies (OPEN) Falls Hard as Funds Turn to AI Stocks
Yahoo Finance· 2025-09-23 18:53
We recently published 10 Stocks Lost This Big While Wall Street Celebrates. Opendoor Technologies Inc. (NASDAQ:OPEN) is one of the worst performers on Monday. Shares of Opendoor Technologies dropped for a third consecutive day on Monday, losing 12.43 percent to end at $8.38 apiece as investor funds shifted to higher-yielding assets such as AI stocks and precious metals, after skyrocketing during the session. In intra-day trading, technology stocks, particularly those benefitting from the artificial intel ...